Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Lucia Apiyo is from Kenya. She needs a loan of $500 to buy more materials to add stock to her tailoring shop.
A mother of one, Lucy is a dressmaker who owns a shop in Kariobangi. She would like to expand her tailoring business but lacks the financial capital she needs to purchase more fabric.
With a loan from World Vision Lucy will be able to buy more materials to add to her stock. This will allow her to offer more variety to her clients and increase her sales. With the additional income, she will be able to better provide for the basic needs of her family.
Lucy hopes to continue growing her business so that in the near future she can open a dressmaking school where she can train others in her trade.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.
Soweto is a large slum on the east side of Nairobi, Kenya. Home to nearly one million, residents struggle daily with the sickness, crime, hunger, and hopelessness that results from severe poverty. Many children have one or no parent. While education is free in Kenya, many children cannot attend because their families cannot afford the required uniform, shoes, and school supplies.
HIV and AIDS have left many children orphaned and vulnerable. Sometimes the oldest child finds themselves as head of the household, and sometimes relatives or neighbors step in to help care for children, making it even more difficult to rise out of poverty.
World Vision has been working in Kenya since 1965. While it has developed a community-based, integrated approach to reduce the spread of HIV and AIDS, World Vision has made improvements in all aspects of life in Soweto. Accomplishments include conducting medical check-ups for children to ensure good health; subsidizing school fees; building classrooms; constructing water tanks at schools; and providing training on business skills and entrepreneurship.
World Vision has supported microfinance in Soweto since 1996. Work means dignity. It means food, education, health care. It means survival. KADET is a World Vision-affiliated microfinance institution that seeks to increase the number of small-business owners and grow the number of people who are accessing credit resources and business training. More than sixty percent of clients are women.
Thank you for empowering Lucia Apiyo Olela with the opportunity to expand her dress making business. With the $500 loan, Lucia Apiyo was able to buy more materials to add stock to her tailoring shop.
Lucia Apiyo is on her way to repaying her small business loan, as she makes weekly payments of $10. Thanks to the profits she has earned, Lucia Apiyo can afford to expand the current business and purchase equipment.
Lucia Apiyo hopes to provide her children with a brighter future, and her 1 child continues to study in school.
Lucia is very happy with the loan, which has improved her business and changed her life.
Thank you for supporting hardworking entrepreneurs like Lucia Apiyo through World Vision Micro!